Which of the following is NOT considered an estimated liability?
A) accrued wages
B) gift card promotions
C) warranties
D) customer loyalty programs

Name: Which of the following is NOT considered an estimated liability? A) accrued wages B) gift card promotions C) warranties D) customer loyalty programs
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Accrued wages are not considered an estimated liability because they are known obligations that are due for work already performed, whereas the other options involve estimates of future obligations.

Which of the Following Is NOT Considered an Estimated Liability